Course

Course Summary
Credit Type:
Course
ACE ID:
SAYA-0009
Organization's ID:
BUS105: Managerial Accounting
Organization:
Saylor Academy
Location:
Online
Length:
53 hours, self-paced
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Managerial Accounting
Description

Objective:

Upon the successful completion of this course, students will be able to examine the effects of cost, price, and profit on management decision-making, and learn about the tools and methods managers use to make informed business decisions.

Learning Outcomes:

  • Compare and contrast financial accounting and managerial accounting in terms of audience, reporting, time frame, and use of information
  • Describe, record, and analyze transactions of a manufacturing business
  • Calculate cost information and use it to support operating and strategic decisions regarding products, customers, and long-term assets
  • Explain how managerial accounting information facilitates planning, controlling, and decision-making activities
  • Describe why managerial accounting requires a cross-functional team

General Topics:

  • Unit 1: Managerial Accounting
  • Unit 2: Job Costing
  • Unit 3: Process Costing
  • Unit 4: Cost Behavior Patterns
  • Unit 5: Cost-Volume-Profit Analysis
  • Unit 6: Using Differential Analysis to Make Decisions
  • Unit 7: Budgets
  • Unit 8: Variance Analysis
  • Unit 9: Performance Evaluation
  • Unit 10: Statement of Cash Flows
  • Unit 11: Using Managerial Accounting: Trends and Ratios
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Other
  • Quizzes
  • Students must pass a proctored final exam to receive credit recommendation

Minimum Passing Score:

70%
Supplemental Materials